AMD’s share price fell as much as 2.1% on Friday, as the chipmaker reported a loss on the release of the first generation of its next-generation Zen CPUs, according to data from FactSet.
The data, which comes after the company reported a first-quarter profit, came as the company continued to ramp up its production and work on its upcoming Zen microarchitecture.
AMD also reported a 1.4-percent increase in revenue for the quarter, which was boosted by a surge in revenue from its Vega graphics cards, a key selling point of its latest Ryzen lineup.
The results are good news for AMD shareholders, as their shares are currently up just 0.6% this year, according the S&P 500 index.
That means that AMD has already made its gains for the year.
But the company has a long way to go before reaching the lofty heights of its past glory.
In fact, the company’s revenue for 2017, which is expected to be more than $1.6 billion, is almost exactly half of what it made last year.
For its most recent quarter, AMD reported a revenue of $8.9 billion.
That’s a big loss, but the company will have to figure out how to make up for it by investing in its business.
AMD’s stock has risen more than 16% since the beginning of the year, but it still remains below its pre-crisis peak of $62 a share.